Scarborough Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Scarborough Advisors, LLC reported 463 stock positions worth $592.4 million. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 10.0% of the portfolio, followed by Ishrs US E F R A ETF-Usd (DYNF, 7.6%) and iShares Core MSCI Emerging (IEMG, 7.1%). Compared with Q3 2025, it opened 21 new positions, sold out of 27, added to 162 and reduced 103. The biggest buy was iShares MSCI USA Momentum Fa (MTUM, shares +53%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- ANNAPOLIS, MD
- CIK
- 0001815355
- Portfolio Value
- $592.4M (Q4 2025)
- SEC Filing
- 0001815355-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 463 stocks · $592.4M
| QQQM Invesco Nasdaq 100 ETF | 9.96% | 233,361 | $59.0M | Add +0.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 7.63% | 743,184 | $45.2M | Add +2.4% |
| IEMG iShares Core MSCI Emerging | 7.10% | 625,924 | $42.1M | Add +11.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 6.24% | 650,462 | $37.0M | Add +19.1% |
| QUAL iShares MSCI USA Quality Fac | 5.56% | 165,682 | $32.9M | Reduce -26.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.41% | 399,204 | $32.0M | Add +1.7% |
| RWL Invesco S&P 500 Revenue ETF | 4.67% | 241,449 | $27.6M | Add +1.5% |
| FTCS First Trust Capital Strength | 4.00% | 256,055 | $23.7M | Add +3.0% |
| RECS Columbia Resear Enh Cor ETF | 3.69% | 535,940 | $21.9M | Add +1.6% |
| THRO iShares U.S. Thematic Rotati | 3.24% | 498,031 | $19.2M | Add +1.7% |
| MTUM iShares MSCI USA Momentum Fa | 3.14% | 74,322 | $18.6M | Add +53.2% |
| GOVI Invesco Equal Weight 0-30 YR | 3.08% | 661,426 | $18.2M | Reduce -2.3% |
| BAI Ishrs AI in and Tech Act ETF | 2.87% | 510,319 | $17.0M | Add +4.5% |
| GLD SPDR Gold Shares | 2.34% | 34,952 | $13.9M | Reduce -0.1% |
| RDVY First Trust Rising Dividend | 2.28% | 194,813 | $13.5M | Add +0.1% |
| JAAA Janus Henderson Aaa Clo ETF | 2.26% | 265,174 | $13.4M | Add +3.1% |
| IEFA iShares Core MSCI Eafe ETF | 2.01% | 132,780 | $11.9M | Add +2.1% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 1.64% | 345,677 | $9.7M | Add +3.3% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.61% | 180,633 | $9.5M | Add +5.3% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.50% | 335,246 | $8.9M | Add +3.3% |
| FALN iShares Fallen Angels ETF | 1.24% | 268,022 | $7.3M | Add +3.6% |
| JPST JPMorgan Ultra-Short Income | 1.13% | 132,035 | $6.7M | Add +2.4% |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 1.08% | 99,565 | $6.4M | Add +2.1% |
| XLE SS Energy Select Sector | 1.00% | 132,603 | $5.9M | Reduce -8.6% |
| SHLD Global X Defense Tech ETF | 0.99% | 90,934 | $5.9M | Add +3.5% |
| AAPL Apple Inc. | 0.72% | 15,613 | $4.2M | Add +2.6% |
| FLOT iShares Floating Rate Bond E | 0.70% | 81,438 | $4.1M | Reduce -1.6% |
| NVDA Nvidia Corp. | 0.69% | 21,906 | $4.1M | Add +0.6% |
| IAUM iShares Gold Trust Micro | 0.65% | 89,419 | $3.8M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.60% | 10,994 | $3.5M | Add +0.0% |
| IAGG iShares Intl Aggregate Bond | 0.56% | 66,871 | $3.3M | Add +3.4% |
| SIVR Abrdn Physical Silver Shares | 0.56% | 49,164 | $3.3M | Add +2.5% |
| SLV iShares Silver Trust | 0.53% | 48,694 | $3.1M | Add +4.5% |
| AMZN Amazon.com Inc. | 0.47% | 12,163 | $2.8M | Add +0.1% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.46% | 120,117 | $2.7M | Add +1.7% |
| SYSB iShares Systematic Bond ETF | 0.46% | 30,427 | $2.7M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.38% | 24,380 | $2.2M | Add +225.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 3,374 | $2.1M | Add +6.2% |
| EUAD Select Stoxx Eur Aer DE ETF | 0.34% | 48,047 | $2.0M | Add +3.7% |
| MINT PIMCO Enhanced Short Maturit | 0.30% | 17,917 | $1.8M | Add +1.9% |
| FTSM First Trust Enh Short Mat FD | 0.25% | 25,152 | $1.5M | Reduce -4.3% |
| XCEM Columbia Em Core Ex-China | 0.25% | 39,011 | $1.5M | Reduce -1.3% |
| RTX RTX Corp. | 0.23% | 7,546 | $1.4M | Add +0.3% |
| FLRT Pacer Aristotle Pacific Floa | 0.22% | 28,131 | $1.3M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.22% | 4,105 | $1.3M | Add +5.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.21% | 26,305 | $1.3M | Reduce -69.9% |
| XMVTX BlackRock Munivest Fund II | 0.20% | 108,313 | $1.2M | No change |
| GRID First TRST Nasd Class Edg Sgiif | 0.19% | 7,467 | $1.1M | Add +243.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.17% | 13,576 | $987K | Add +1.9% |
| PULS Pgim Ultra Short Bond ETF | 0.15% | 18,384 | $912K | Reduce -21.8% |
| T AT&T Inc. | 0.15% | 36,280 | $901K | Add +2.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.15% | 14,593 | $878K | Reduce -7.0% |
| GOOG Alphabet Inc. Class C | 0.13% | 2,540 | $797K | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 1,565 | $787K | Add +2.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.13% | 15,906 | $740K | Add +21.8% |
| AVGO Broadcom Inc. | 0.12% | 2,096 | $725K | Reduce -2.1% |
| MYI BlackRock Muniyield QLTY III | 0.12% | 63,000 | $685K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.11% | 3,826 | $680K | Add +6.0% |
| ICVT iShares Convertible Bond ETF | 0.11% | 6,814 | $671K | Add +9.9% |
| TSLA Tesla Inc. | 0.11% | 1,453 | $654K | Add +5.4% |
| GM General Motors Co. | 0.11% | 8,034 | $653K | Reduce -12.8% |
| COST Costco Wholesale Corp. | 0.11% | 739 | $637K | Add +0.4% |
| VGLT Vanguard Long-Term Treasury | 0.10% | 10,797 | $602K | Add +41.4% |
| AMGN Amgen Inc. | 0.10% | 1,730 | $566K | Reduce -0.1% |
| SGOV iShares 0-3 Month Treasury B | 0.09% | 5,151 | $517K | Add +1.1% |
| V Visa Inc. Class A | 0.08% | 1,349 | $473K | Add +5.1% |
| MHD BlackRock Muniholdings Fund | 0.08% | 38,796 | $455K | Add +2.3% |
| JQUA JPMorgan US Quality Factor | 0.07% | 6,520 | $412K | Reduce -1.2% |
| BUFC AB Conservative Buffer ETF filed as AB ACTIVE ETFS INC | 0.07% | 9,729 | $402K | Add +200.3% |
| ABBV Abbvie Inc. | 0.07% | 1,734 | $396K | Add +0.8% |
| MDY State Street SPDR S&P Midcap | 0.06% | 598 | $361K | Reduce -0.3% |
| BFK BlackRock Municipal Inc. TRST | 0.06% | 34,000 | $341K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.06% | 5,838 | $338K | Add +0.0% |
| MPC Marathon Petroleum Corp. | 0.05% | 1,810 | $294K | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.05% | 441 | $291K | Add +11.9% |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | 0.05% | 2,181 | $290K | Reduce -8.3% |
| MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI | 0.05% | 19,530 | $290K | New |
| VLTO Veralto Corp. | 0.05% | 2,700 | $269K | No change |
| IFRA iShares US Infrastructure | 0.04% | 4,979 | $262K | Reduce -3.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 4,680 | $257K | Add +68.8% |
| ESGU iShares ESG Aware MSCI USA | 0.04% | 1,711 | $255K | Add +0.8% |
| FTV Fortive Corp. | 0.04% | 4,347 | $240K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.04% | 2,177 | $232K | Add +11.8% |
| FIXD First Trust Smith Opportunis | 0.04% | 5,182 | $230K | Add +35.1% |
| XMMO Invesco S&P Midcap Momentum | 0.04% | 1,602 | $222K | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.04% | 1,829 | $220K | Add +2.0% |
| FTI Technipfmc PLC | 0.04% | 4,812 | $214K | No change |
| COP Conocophillips | 0.04% | 2,273 | $213K | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.03% | 283 | $193K | Add +31.6% |
| DUK Duke Energy Corp. | 0.03% | 1,644 | $193K | Add +30.8% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.03% | 5,000 | $189K | New |
| XAR SS SPDR S&P Aerospace Def | 0.03% | 770 | $186K | Add +0.7% |
| BKH Black Hills Corp. | 0.03% | 2,566 | $178K | Add +0.9% |
| DGRW Wisdomtree U.S. Quality Divi | 0.03% | 1,890 | $169K | Add +0.3% |
| SPGP Invesco S&P 500 Garp ETF | 0.03% | 1,399 | $159K | Reduce -1.1% |
| BA The Boeing Co. | 0.03% | 728 | $158K | Reduce -6.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 333 | $156K | Add +2.1% |
| AMD Advanced Micro Devices | 0.03% | 710 | $152K | Add +14.7% |
| XLC SS Comm Select Sector SPDR | 0.03% | 1,284 | $151K | Add +0.3% |
| ABT Abbott Laboratories | 0.03% | 1,195 | $150K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| QUAL iShares MSCI USA Quality Fac | Reduce -26.0% | 5.56% | −2.12 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -69.9% | 0.21% | −0.55 |
| GOVI Invesco Equal Weight 0-30 YR | Reduce -2.3% | 3.08% | −0.24 |
| XLE SS Energy Select Sector | Reduce -8.6% | 1.00% | −0.14 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -73.7% | 0.02% | −0.07 |
| PULS Pgim Ultra Short Bond ETF | Reduce -21.8% | 0.15% | −0.05 |
| IQI Invesco Quality Muni Inc. TR | Sold out | 0.00% | −0.05 |
| FLOT iShares Floating Rate Bond E | Reduce -1.6% | 0.70% | −0.05 |
| FTSM First Trust Enh Short Mat FD | Reduce -4.3% | 0.25% | −0.02 |
| PTF Invesco Dorsey Wright Tech | Reduce -47.7% | 0.02% | −0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -7.0% | 0.15% | −0.01 |
| ORCL Oracle Corp. | Reduce -15.8% | 0.01% | −0.01 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -63.6% | 0.00% | −0.01 |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | Reduce -8.3% | 0.05% | −0.01 |
| IFRA iShares US Infrastructure | Reduce -3.6% | 0.04% | −0.00 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.00 |
| JQUA JPMorgan US Quality Factor | Reduce -1.2% | 0.07% | −0.00 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -0.4% | 0.01% | −0.00 |
| HYDB iShares High Yield Systemati | Reduce -22.2% | 0.01% | −0.00 |
| BA The Boeing Co. | Reduce -6.1% | 0.03% | −0.00 |
| EAGG iShares ESG Aware US Aggrega | Reduce -14.5% | 0.01% | −0.00 |
| RGTI Rigetti Computing Inc. | Reduce -4.1% | 0.01% | −0.00 |
| AVGO Broadcom Inc. | Reduce -2.1% | 0.12% | −0.00 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -13.2% | 0.01% | −0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -0.3% | 0.06% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -0.1% | 0.02% | −0.00 |
| SHOP Shopify Inc. Class A | Reduce -15.7% | 0.01% | −0.00 |
| XEL Xcel Energy Inc. | Reduce -29.8% | 0.00% | −0.00 |
| EIPI FT Energy Income ETF | Reduce -37.2% | 0.00% | −0.00 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -1.1% | 0.03% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -0.1% | 0.01% | −0.00 |
| DGRO iShares Core Dividend Growth | Reduce -27.5% | 0.00% | −0.00 |
| IQLT iShares MSCI International Q | Reduce -9.8% | 0.01% | −0.00 |
| GRAB Grab Holdings Ltd. Class A | Reduce -56.0% | 0.00% | −0.00 |
| EELV Invesco S&P Emerging Markets | Reduce -4.4% | 0.02% | −0.00 |
| ESGD iShares Trust iShares ESG Aw | Reduce -16.4% | 0.01% | −0.00 |
| ADBE Adobe Inc. | Reduce -21.4% | 0.00% | −0.00 |
| WELL Welltower Inc. | Reduce -15.4% | 0.00% | −0.00 |
| DEO Diageo PLC-Sponsored ADR | Reduce -11.8% | 0.00% | −0.00 |
| ADP Automatic Data Processing | Reduce -1.2% | 0.00% | −0.00 |
| BBY Best Buy Co. Inc. | Reduce -17.4% | 0.00% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -8.8% | 0.01% | −0.00 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.00 |
| APAM Artisan Partners Asset Ma -A | Reduce -0.8% | 0.01% | −0.00 |
| XCEM Columbia Em Core Ex-China | Reduce -1.3% | 0.25% | −0.00 |
| DD Dupont DE Nemours Inc. | Reduce -2.4% | 0.00% | −0.00 |
| SUSC iShares ESG Aware Usd Corpor | Reduce -10.5% | 0.00% | −0.00 |
| PTC PTC Inc. | Reduce -13.1% | 0.00% | −0.00 |
| STUB Stubhub Holdings Inc. Class A | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| MTUM iShares MSCI USA Momentum Fa | Add +53.2% | 3.14% | +0.95 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +19.1% | 6.24% | +0.91 |
| IEMG iShares Core MSCI Emerging | Add +11.6% | 7.10% | +0.58 |
| SYSB iShares Systematic Bond ETF | New | 0.46% | +0.46 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +225.5% | 0.38% | +0.25 |
| SIVR Abrdn Physical Silver Shares | Add +2.5% | 0.56% | +0.18 |
| SLV iShares Silver Trust | Add +4.5% | 0.53% | +0.18 |
| GRID First TRST Nasd Class Edg Sgiif | Add +243.6% | 0.19% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +5.8% | 0.22% | +0.05 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +2.4% | 7.63% | +0.05 |
| MMD Nylim Mackay Definedterm Mun | New | 0.05% | +0.05 |
| BUFC AB Conservative Buffer ETF | Add +200.3% | 0.07% | +0.04 |
| AAPL Apple Inc. | Add +2.6% | 0.72% | +0.03 |
| IREN Iren Ltd. | New | 0.03% | +0.03 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +3.3% | 1.64% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 0.13% | +0.03 |
| VGLT Vanguard Long-Term Treasury | Add +41.4% | 0.10% | +0.03 |
| RWL Invesco S&P 500 Revenue ETF | Add +1.5% | 4.67% | +0.02 |
| BAC Bank of America Corp. | Add +68.8% | 0.04% | +0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +21.8% | 0.13% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.2% | 0.35% | +0.01 |
| IDMO Invesco S&P International DE | Add +305.0% | 0.02% | +0.01 |
| SEIX Virtus Seix Senior Loan ETF | Add +160.1% | 0.02% | +0.01 |
| RTX RTX Corp. | Add +0.3% | 0.23% | +0.01 |
| FIXD First Trust Smith Opportunis | Add +35.1% | 0.04% | +0.01 |
| QS Quantumscape Corp. | Add +568.9% | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | Add +839.4% | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +14.7% | 0.03% | +0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1.9% | 0.17% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +31.6% | 0.03% | +0.01 |
| D Dominion Energy Inc. | Add +1038.0% | 0.01% | +0.01 |
| DUK Duke Energy Corp. | Add +30.8% | 0.03% | +0.01 |
| MUE BlackRock Munihold QLT FD II | Add +77.9% | 0.01% | +0.01 |
| CWEN Clearway Energy Inc. Class C | Add +84.6% | 0.01% | +0.00 |
| ICVT iShares Convertible Bond ETF | Add +9.9% | 0.11% | +0.00 |
| NFLX Netflix Inc. | Add +102.1% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Add +0.1% | 0.47% | +0.00 |
| AFB Allianceberstein NTL Muni | New | 0.00% | +0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +11.8% | 0.04% | +0.00 |
| BCC Boise Cascade Co. | Add +2777.8% | 0.00% | +0.00 |
| MDT Medtronic PLC | Add +341.1% | 0.00% | +0.00 |
| EVUS iShares ESG Aw MSCI US Value | Add +57.1% | 0.01% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.1% | 2.01% | +0.00 |
| MOAT Vaneck Morningstar Wide Moat | Add +14.6% | 0.02% | +0.00 |
| V Visa Inc. Class A | Add +5.1% | 0.08% | +0.00 |
| BKH Black Hills Corp. | Add +0.9% | 0.03% | +0.00 |
| GEV GE Vernova Inc. | Add +18.2% | 0.01% | +0.00 |
| NI Nisource Inc. | New | 0.00% | +0.00 |
| TSLA Tesla Inc. | Add +5.4% | 0.11% | +0.00 |
| AVUV Avantis US Small Cap Value | Add +15.1% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 147 | $870.9M | QQQM, SCHX, RECS, VOO, SPYM |
| Q1 2026 | 758 | $913.6M | SCHX, QQQM, DYNF, IGIB, RWL |
| Q4 2025 | 463 | $592.4M | QQQM, DYNF, IEMG, SPYV, QUAL |
| Q3 2025 | 469 | $566.8M | QQQM, QUAL, DYNF, IEMG, SPYM |
| Q2 2025 | 467 | $504.2M | SPYV, QQQM, QUAL, DYNF, IEMG |
| Q1 2025 | 118 | $702.1M | SCHX, QUAL, SPYV, QQQM, IGIB |
| Q4 2024 | 110 | $707.6M | SCHX, QUAL, QQQM, SPYV, DYNF |
| Q3 2024 | 89 | $618.7M | SCHX, QUAL, DYNF, IGIB, TLT |
| Q2 2024 | 454 | $243.2M | QUAL, DYNF, FTCS, EMXC, IQLT |
| Q1 2024 | 417 | $216.0M | DYNF, FTCS, QUAL, EMXC, ONEV |